New Report by Nasa and Standard Chartered Examines Quantum Computing in Investment Decisions

A new report by U.S. space agency Nasa, the Universities Space Research Association and Standard Chartered looked at the benefits that quantum computers could bring to investing; the paper says that asset managers would be able to put together portfolios that balance risk perfectly; not many asset managers have used quantum computing because it costs about $15mn to set up, though this is expected to change soon; “It’s about gaining an edge,” Alexei Kondratyev, managing director for financial markets at Standard Chartered, explains to the FT. “These computers not only make quicker decisions, they also make more accurate decisions.”; quantum computers can be almost 100 times faster at solving problems than conventional computers. Source.